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Showing posts from November, 2022

Here’s how Keka HR won hearts of 6500+ customers........................

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From a team of 5 to 550+, to raising India’s biggest series A round worth $57 mn in SaaS during funding winter - here’s how  Keka HR  won hearts of 6500+ customers. • Necessity is the mother of invention: Vijay Yalamanchili , founder of keka was extremely disappointed & frustrated working with HR softwares that weren’t not up to the mark.  He went on a searching spree to find different HR softwares available in the market. But to his surprise, all of them had a poor user interface, which took away the efficiency of HR and the  #employees .  Fed up of finding a good software, Vijay decided to build his own software called, Keka (means ‘awesome’ in South Indian native language) in 2015 and also embedded features for payroll, applicant tracking, recruiting, leave & attendance, performance management.  • A breaking point: Keka had acquired 450 clients in less than a year, without any  #investor  money! Today, Keka runs the payroll of 1.5M+ emp...

just $2 in capital, could build a business empire worth $213 million.....................

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  Seven ordinary women who had no background in  #business , no significant educational qualification, and with just $2 in capital, could build a business empire worth $213 million spread across 69 branches and employing more than 42,000 people. Primary goal of their business wouldn’t be to make money but to empower women from the smallest houses of the country and provide them with the livelihood to nurture their families. So instead of hiring women, they started to give out ownership to every woman who joined their business and called them  #Lijjat  Ben (Lijjat sister) rather than employees. This concept is called “collective  #ownership ,” wherein every employee owns a small part of the company. And, every single person shares the profits and losses in the organization.

here's how Lachhman Das Mittal started Sonalika Tractors International with just Rs 5000 & went on to become one of India's richest

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  From working as a LIC agent to getting bankrupt in his business to becoming a billionaire with his second innings - here's how Lachhman Das Mittal started  Sonalika Tractors International  with just Rs 5000 & went on to become one of India's richest. Born in a poor family in a small village in Punjab, Lachhman's father worked on small commissions in local mandi that didn’t pay much. However, his father always  #supported  him with everything he needed. With a lot of savings & borrowings, he managed to pursue a degree in MA English, and earned a gold medal for showing academic excellence. Lachhman found it difficult to pay back to his friends whom he took the debt from, even after finishing his studies. • Working as an insurance agent: Being a gold medalist, Lachhman still  #struggled  to get a good job until he found a place in LIC in 1955. LIC, fortunately provided him with enough salary to clear his debts & live out of poverty. • When y...